Gold Projects in British Columbia

Skeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective precious metal properties in the Golden Triangle of northwest British Columbia, Canada.

The Company‚Äôs primary activities are the exploration and development of the past-producing Eskay Creek mine, which contains a combined Indicated and Inferred 4Moz, 4.4 g/t gold-equivalent open-pit resource. The Company recently completed a Preliminary Economic Assessment (PEA) on Eskay Creek which highlights an after-tax NPV5% of C$638M, 51% IRR and a 1.2-year payback. Skeena is also exploring the past-producing Snip gold mine.

Project Locations - British Columbia's Golden Triangle Area

Eskay Creek

Eskay Creek

  • Preliminary Economic Assessment for Eskay Creek completed in December 2019
  • Option to Acquire secured in December 2017 from Barrick.
  • Produced 3.3 million ounces of gold & 160 million ounces of silver at average grades of 45 g/t Au & 2,224 g/t Ag from 1994 to 2008.
  • Precious metal-rich VMS.
  • Historical database containing 7,881 drill holes totaling 706,904 metres (surface & underground).
  • 2019 surface phase 1 drill program at Eskay Creek totaling 14,267 metres completed
  • Total Indicated resource includes 2,558,000 AuEq ounces. 2,340,000 of which is pit constrained and averages a 5.8 g/t AuEq and 218,000 ounces underground which averages 8.2 g/t AuEq.
  • Total Inferred resource is 1,418,000 AuEq ounces with 1,340,000 ounces pit constrained averaging 2.9 g/t AuEq and 78,000 ounces underground averaging 8.2 g/t AuEq
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  • Reclaimed former high-grade producer located in northwest British Columbia.
  • From 1991-1999 Snip produced 1.1 million ounces of gold at an average grade of 27.5 g/t.
  • Excellent available infrastructure, including an airstrip, a new nearby hydro development, and proximity to power and roads.
  • 8,650 m underground drill program completed in 2017.
  • 9,583 m Phase II surface and underground drilling program completed in 2018
  • Completed 1,933 m surface drill program in 2019.
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